Fast Money Madness: Morgan Stanley Vs. NYSE
See The "Fast Money Madness" Brackets From TV
Around these parts it's madness … Fast Money Madness! As the NCAA Tournament marches on, we're pairing off the most-talked about 64 companies on the street. Our guys will determine the winners through debate, and end up with a national champion – "Fast Money's" favorite stock.
Here's tonight’s first match-up in the Financials - #12 seed Morgan Stanley (MS) vs. #13 New York Stock Exchange (NYX)
Tim Strazzini likes them both. As the NYSE gets their house in order they're going to do great, but Tim thinks MS is a better stock.
Jeff Macke says the NYSE has much more upside than MS and he picks NYSE.
Eric Bolling goes against the exchange, he likes MS. Guy Adami says NYSE shares have been pushed down too far, and he give them his vote.
In a tie, Dylan Ratigan decides– and he goes with Morgan Stanley.
Here’s a quick recap of the games already played: (The winners are in bold.)
#1 Berkshire Hathaway (BRK) vs. #8 JP Morgan (JPM)
#10 Goldman Sachs (GS) vs. #2 American International Group (AIG)
#6 Wells Fargo(WFC)vs. #14 Aetna (AET)
Madness
| TICKER | COMPANY | PRICE | CHANGE | %CHANGE |
|---|---|---|---|---|
| -- | -- | -- | -- | -- |
| GS | Goldman Sachs Group Inc | 430.81 | +3.24 | +0.76% |
| WFC | Wells Fargo & Co | 59.80 | -0.11 | -0.18% |
Questions? Comments?
*The teams were seeded using analyst ranking data from the Wall Street blog http://tickersense.typepad.com/
Trader disclosure:
On MAR 16, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC's Fast Money were owned by the Fast Money traders. Bolling Owns (DIS), (ICE), (NMX), Gold, Silver, Soybeans, is Short S&P Futures, is Short Nasdaq Futures, is Short Corn: Strazzini Owns (JRT), (MER)